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@Tunde Odebunmi
Quote:does any one knows level of planning and approach to strategic plan?Hello !
Well there are three level of planning – Corporate, Strategic Business Unit and Operational.
Approach to strategic plan – I don’t really understand the question. However, to make strategic plans, you have to undertake an assessment of [strategic position] of the organisation, the environment in which it operates, its strategic capability, stakeholders’ expectations and organisational purposes.
Then determine the choices available to it [strategic choices]. And finally, you put the the strategic plan into action [strategic implementation].
However, strategy is not always a top-bottom approach as above. It can be middle-up or any other way, as the three important elements (discussed above) are overlapping [Rational Planning Model – by John, Scholes & Whittington (JSW)]
Moreover, strategy may emerge during the process of strategic planning. They are regarded as emergent strategies in Mintzberg.
HTH
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